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$383,000

3332 Scarlet Point Dr, El Paso, TX, 79938

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size4,935 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces1

Land Information

APNT287-999-1940-0900
Lot Number9
SubdivisionTierra Del Este Unit 50
Land UseResidential
Legal Description194 TIERRA DEL ESTE #50 LOT 9 (4935.00 SQ FT)
Census Tract010367
Assessed Land Value$25,169
Assessed Improvement Value$329,414
Assessment Year2025

About this property

Welcome to your next home! This beautiful East El Paso property offers over 3,000 sq ft of luxurious living space with 3 large bedrooms and 3 full bathrooms. Enjoy open concept living with a spacious kitchen, dining, and living area. The master suite includes a walk-in closet and spa-inspired bath with dual vanities, soaking tub, and walk-in shower. Features include: * Large open-concept living area * Gourmet kitchen with granite countertops & stainless steel appliances * Dedicated office or flex room * Big Master suite luxury finishes throughout * Private backyard * 3-car garage

Investor Tools

Property Icon
$383,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$147,159Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,008
$354,583
2025
$25,169
$329,414
$354,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,008
$354,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$250,000
No
First
Apr 26, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,841
$147,159
38%
62%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,499/mo
+$201/mo
5.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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3332 Scarlet Point Dr | Property Details | No Agent List